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What is the Difference between state capitalism and free market capitalism?

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Answer:

The definition of State Capitalism is "an economic system that is primarily capitalistic, but there is some degree of government ownership of the means of production"
wordnetweb.Princeton.edu/perl/webn
i.e China's governemnt actually owns thousands of businesses and companies.
Free Market Capitalism
"A free market is a theoretical term that economists use to describe a market which is free from governenment intervention, such as no regulation, no company ownership etc. like Somalia or Afghanistan.
en.wikipeida.org/wiki/Free_market_capitalism

First answer by BoOmBoX182. Last edit by Mrgallant. Contributor trust: 130 [recommend contributor ]. Question popularity: 1 [recommend question].

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